Capcom has issued a dire financial forecast, warning investors that profits for
the year will be about half of previous projections, reports
MCV. They blame "drastic changes in the industry’s market environment," the
"concentration of AAA titles in the hands of few foreign competitors," and their
"delayed response to the shift to digital media in the Home Video Games
business" as contributing factors. They also place blame on outsourced
development, which always seems like a good idea at the time, as they cite a
"decline in quality of titles outsourced to overseas developers," which is
inspiring a shift to internal sources in the future. They also imply that some
current game projects will be cancelled, saying "work in progress in game
software" is being "strictly re-evaluated for business restructuring."

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Beelzebud wrote on Apr 18, 2013, 13:56:The mindset of large corporations need to change. They're so concerned with posting a good quarter that they'll literally screw over the entire long-term future of their companies to make one quarter look good for the shareholders.

Absolutely, but shareholders are greedy for growth and won't let them. Add the super-short shelf life of senior leaders who are focused on short-term/exit compensation... The valuation of companies that are only focused on the short term should be lower, but it isn't.